Home

Bryan Cave Sued By FDIC
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Between September 26 and November 5 of this year, Bryan Cave represented the directors and officers of Hillcrest Bank, a small Kansas bank that went under on October 22.  According to a complaint filed by the FDIC, the directors and officers improperly transmitted copies of certain records to their attorneys.  Bryan Cave maintains that upon resigning as counsel, the firm destroyed all copies of the documents and has filed a consent order seeking to resolve the matter by providing sworn depositions regarding the disposition of the documents along with an accounting of what the firm did with the documents while it was in possession of them, and agreeing to let a third party information technology firm inspect their systems for any remaining documents.

The FDIC suit also claims that the law firm received in excess of $150,000 in attorney fees that were not authorized under the receivership and has asked the court to order Bryan Cave to return that money.

The bank’s failure will cost the FDIC between three and five hundred million dollars, although some of those losses will be absorbed by NBH Holdings, a private equity group taking over Hillcrest.

  
What
Where




 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Corporate, Mergers and Acquisitions and Securities Associate Attorney

USA-NY-New York City

New York City office of our client seeks corporate, mergers and acquisitions and securities associat...

Apply Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Eminent Domain Attorney

USA-TX-Richmond

Richmond office of our client seeks eminent domain attorney with 5+ years of experience. The candida...

Apply Now

RELEVANT JOBS

Corporate Attorney

USA-NJ-Mount Laurel

Parker McCay is seeking a mid-level attorney to join the corporate transactional department, a dynam...

Apply now

Labor, Employment, and Education Attorney

USA-NJ-Mount Laurel

Parker McCay is seeking an experienced attorney to focus on all aspects of counseling and litigation...

Apply now

Litigation paralegal

USA-TX-Dallas

We are looking to immediately hire a responsible, highly organized, self-motivated litigation parale...

Apply now

Attorney

USA-TX-Dallas

Associate Attorney – 7 to 10 Years’ Experience - Dallas/Fort Worth   ...

Apply now

SEARCH IN ARCHIVE

To Top